VOL XVII / ISSUE #2 / JUNE 12 for private circulation only From the Chairman’s Desk Success and Leadership At Muthoot Group, it is our aim to see, be and express the real self that we are – complete, fulfilled and abundant. Well, this makes us strive even harder towards the steeper targets that we set for ourselves. We question our own growth and not that of others. As the nation’s largest Gold Loan Company, Muthoot Finance has registered an impressive growth in all business metrics in the financial year 2011-12. The total income went up by 96% and the net profit registered a growth of 80%. Assets valued at ` 24673 crore reported a robust growth of 55%. In line with the good performance, the Board of Directors of the Company has recommended, a maiden dividend of 40% for the fiscal ended March 2012 subject to the shareholders approval. As our branch network expanded to 3678 and the team growing by 52% in size, we have added 13 lakh new gold loan accounts in the year. With restrictions being imposed by The Reserve Bank of India in March 2012 on the maximum loan that can be given against the value of the jewels pledged, we have substantially redefined the operating environment of the Company. Concrete steps are being taken to sustain growth and profitability in the changing business environment and in strict compliance with the RBI directives. Moving beyond the objective of profit, we have redefined the social purpose of the Company. Having done this, we have attempted at bringing about a convergence of values, perspectives and the interests of social aspects of the business environment. As part of the ensuing corporate social responsibility drive, Muthoot Finance has recently been conferred the Golden Peacock International Award in the financial services sector. We have taken a conscious decision to commit ourselves to social upliftment as a part of our policy. God Almighty was kind to us in showering His blessings 30, 60 and 100 fold on us. So we are thankful to God, our staff members and our valued customers. I strongly believe that courage is a state of mind and we at The Muthoot Group would like to move ahead with mettle to win, always. For this I desire each one to come up as a lion-hearted individual, willing to go the extra mile. Chairman M.G. George Muthoot Centenary Celebration – Valedictory Function held at Kozhencherry on 20th April 2012 presided by H.H Valiya Bava. Mr. M.G. George Muthoot, Chairman, Mr. George Alexander Muthoot, Manging Director, Mr. George Thomas Muthoot, Jt. Managing Director, Mr.George Jacob Muthoot, Jt. Managing Director, The Muthoot Group & Dr. Georgie Kurien, Executive Director, Muthoot Health care Division attended the function. IPL 2012 Mr. M.G. George Muthoot, Chairman, The Muthoot Group Mr. George M George, Executive Director, The Muthoot Group presented Man of the Match Award to Mr. Sourav Ganguly presented Man of the Match Award to Mr. Jacques Kallis for for Delhi Daredevils V/s. Pune Warriors match held on 21st Delhi Daredevils V/s. Kolkata Knight Riders match held on 7th April 2012 at Feroz Shah Kotla, Delhi. May 2012 at Feroz Shah Kotla, Delhi. Mr. Alexander M George, Director, The Muthoot Group Muthoot M George Foundation donated ` 1 lakh for presented Man of the Match Award to Mr. Virender Sehwag “KANIVE 95” a project of Shanthi Medical Information for Delhi Daredevils V/s. Mumbai Indians match held on 27th Centre, Thrissur for Kidney Patients. Mr. P.P. Radhakrishnan, April 2012 at Feroz Shah Kotla, Delhi. Regional Manager, Thrissur handed over the cheque. Muthoot Securities Ltd. conducted Investor Awareness Programs at As a CSR initiative of Muthoot Group in association with Lions Club Cochin Pride, a Drinking Water Project was started at Kumbalangi Govt. UP School, Muthoot M George Foundation donated Ernakulam. Mr. Dominic Presentation, ` 25,000/- to Prathyasha Kendram, MLA inaugurated the Project. Rajahmundry. Idukki a registered society working under Kerala State AIDS Control Society. Mr. Joy Varghese, Panchayath President, Vazhathoppu, Mr. Varghese V, Regional Manager, Idukki, Mrs. Prebha Thankachan, Standing Committee Chairperson, Grama Panchayathu, Mr. Tomy Kochukudy, Member, Gramapanchayathu, Mr. Jalaludheen Channarayapatna Branch under Mysore Social reformer, Cheruthony, Mr. Scariah Region paid MMGF Marriage Assistance to Smt. Manjula for the Marriage of her Chacko, Regional Manager, KSCARD Mannarkkad. Bank were present at this function. daughter. Muthoot Partners with Axis Bank for Muthoot Shopping /Utility Prepaid Card Muthoot Vehicle and Asset Finance Ltd. (MVFL), the Vehicle Financing Division of Muthoot Group, has signed an agreement with Axis Bank for launching Muthoot Shopping/ Utility Prepaid Cards. This prepaid card can be used at all merchant outlets on Axis Bank POS (Point of Sale)/EDC machines. This comprehensive program targeting the common man is a secure, efficient and cost-effective payment system. This prepaid card will be available at all Muthoot Branches and can be reloaded from any of them for a maximum amount of ` 10,000 at any given time. Initially the card will be introduced The launching ceremony of Delhi in Kerala and later on in the other states also. Daredevils coin was done by Mr. M.G. George Muthoot, Chairman, The Muthoot Group, by handing over the elephant tuskers memento with the gold coin embedded in it to Mr. Virender Sehwag, in a colourful function held at ITC Maurya on 31.03.2012 in the presence of Mr. Alexander M. George, Director, The Muthoot Group and Mr. P.E. Mathai, CEO, Muthoot Precious Metals Corporation. Mr. George Alexander Muthoot, Managing Director, The Muthoot Group handing over the agreement to Mr. Jacob Ninan, Circle head, Axis bank in the presence of Mr. K.R. Bijimon, Chief General Manager, Muthoot Group, Mr. Gerald K John, GM-MVFL, Mr. Sreekesh, Deputy Vice President Axis Bank. Muthoot Group Executive Director, Mr. K.P. Padmakumar presented a Bajaj Pulsar Bike to Dr. Samuel John who won the prize in the lucky draw held for the customers who bought coins during March, 2012. Mr. M.K. George, Sr. Regional Manager, Muthoot Finance Ltd., Mr. George M Jacob, Director, The Muthoot Group, Mr.Sasi Kumar, General Manager, Amrita TV, Mr. George Jacob Muthoot Joint Managing Director, The Muthoot Group, Muthoot Vehicle & Asset Finance Ltd. conducted Free Mr. George Alexander Muthoot, Managing Director, The Muthoot Medical Camp at Desam (Alwaye) jointly with the Desam Group and Mr. P.E. Mathai, Chief Executive Officer, Muthoot Senior Citizens Forum & Little Flower Hospital, Angamaly Precious Metals Corporation were present in the function. on 24th April 2012. Muthoot Precious Metals Corporation (MPMC) handed over one of the first prizes of the Lucky draw conducted for the customers, who purchased coins in the month of March 2012 to Ms. Usharani from Tuticorin. The first prize of Hyundai Eon car was awarded to Ms. Usharani by Mr. George Jacob Muthoot Joint Managing Navajyothi MOMS Charitable Society honoured Mr. M.G. Director, The Muthoot Group in the presence of Mr. P.E. Mathai George Muthoot Chairman, The Muthoot Group at a function CEO MPMC ,Mr. C.S. Rajendran, Ex. Director of Tamilnadu held at Navajjothi MOMS Society. Navajyothi MOMS Society Mercandile Bank, Mr. T.M. Mathew AGM Kollam,Mr.Noble Jose Director Daniel Varghese was present on the occasion. J., Regional Manager in a colorful function held at Tuticorin Raj Hotel. Inauguration of the 50th years logo of St.George School, New Delhi was held on 03.04.2012. Logo was inaugurated by the Principal Dr. Mrs. Sara George Muthoot in the presence of the Vice President of the School, Mrs. Mihika Mathew Alexander. St. George’s School, New Delhi has received the prestigious “Green School’s Programme Award” instituted by the CSE (Centre for Science and Environment) on 28.03.2012. Principal Dr. Mrs. Sara George Muthoot and other distinguished persons were present in the occasion. Dr. Rajan Gurukkal, Vice Chancellor, M.G. University inaugurated the Certificate distribution of the 3rd batch students of Muthoot College of Allied Health Science & Management Studies. Mr. George Jacob Muthoot, Jt. Managing Director, The Muthoot Group, Prof. N.S. Ramesh Moorthy, Director, Manipal University, Mr. M.G. George Muthoot, Chairman, The Muthoot Group, Mr. George Alexander Muthoot , Managing Director, The Muthoot Group, Dr. Georgie Kurien, Executive Director, Mrs. Valsa Kurien Muthoot, Director, Dr. Samuel Joseph, Medical Superintendent, Dr. K.T. Philip and Mr. Sreekanth G, Muthoot Mr. Babu George, District Panchayath President inaugurates Health Care Division were present on this occasion. the renovated Neuro Surgical ICU of Muthoot Medical Centre, Kozhencherry. Dr. Georgi Kurian, Executive Director, Muthoot Health Care Division, Dr. Samuel Joseph, Medical Superintend, MMC Kozhencherry, Mr. Kurian Madakkal, Ms. Stella Thomas, Fr. Aby, Ms. Saramma Sajan, Fr. Joseph Madathileth were present on this occasion. As a part of World Health Day, Muthoot Medical Centre in association with Mathrubhumi Aarogya Masika, conducted health seminar and free medical camp at Kozhencherry. The Muthoot Health Care Division organized Medical Camp and camp was inaugurated by Kozhencherry Grama Panchayath First Aid awareness Seminar for Police Officers. Mr. K.K. Member Smt. Annie Joseph. Mathrubhumi Circulation Balachandran IPS, Superintendent of Police, Pathanamthitta Manager, Mr. Nandakumar Sarma, Muthoot Medical Centre inaugurated the camp. Smt. Valsa Kurien Muthoot, Director, Medical Superintendent Dr. Samuel Joseph were present on Dr. Samuel Joseph, Superintendent, were present at this this occasion. function. Muthoot Group Managing Director Mr. George Alexander Muthoot Flag off “Back to School Road show” organised by by The “Manual of Instructions” of Muthoot Finance Ltd revised Muthoot Finance in association with Express Money. Muthoot as on 31.03.2012 has released by Mr. M.G. George Muthoot, Group Asst. General Manager Mr.